Economy
Chance of recession rises to 23%
That among has taken on more significance now that growth forecasts have come down. The average estimate sees growth slowing to 2.3 percent in 2019 and 1.8 percent in 2020, down from just above 3 […]
Month: December 2018
Earnings
Olive Garden owner’s earnings top estimates, but revenue falls short
Darden Restaurants, the owner of brands such as Olive Garden, reported mixed quarterly results on Tuesday, but raised its forecast for fiscal 2019, sending shares up 1 percent. Here’s what the company reported compared with […]
Business News
Fed must take wait-and-see approach for stocks to get ‘sustained’ rally: Cramer
The stock market’s early-day rally on Tuesday was a “dress rehearsal” for what could happen if the Federal Reserve says Wednesday that it will take a “wait-and-see” approach on its interest rate policy, CNBC’s Jim […]